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Property profile & analytics
OFF-MARKET
Residential income homes

117 Blue Lagoon Dr Gulf Shores, AL 36542

1,844 SF Built 2002
Property ID
US03-3061647
Property summary
AI-generated overview

Exceptional investment opportunity awaits in this stunning, multi-level Gulf Shores home boasting breathtaking Little Lagoon views. This 1,844 square foot property, built in 2002, offers a unique blend of comfort and income potential, making it ideal as a primary residence or lucrative vacation rental. The home features a new metal roof (installed in 2022), a sprinkler system, and energy-efficient 6-inch exterior walls. All appliances are included. Inside, you'll find a spacious living area with high ceilings and tile flooring, seamlessly flowing into the kitchen and dining area, all showcasing captivating lagoon vistas. A separate dining space is conveniently located at the front of the home. Upstairs, three bedrooms await, including a large primary suite with a trey ceiling, walk-in closet, double vanity, and a bonus area overlooking the living space. Two additional bedrooms, situated on the opposite end of the hallway, feature Bahama shutters. The upstairs hall bathroom includes a water closet and a tub/shower combination. Outside, ample covered and uncovered parking is available, along with multiple covered patios. Two additional storage rooms are located under the home; one boasts built-in cabinets and a sink, while the other offers built-in shelving. Residents enjoy access to a private fishing pier, an outdoor pool, walking/biking trails, and Little Lagoon Pass access via walking trails. This property presents a rare opportunity to own a piece of Gulf Shores paradise. Buyer to verify all information during due diligence. Some photos are virtually staged.

Property profile
Verified
Property type Residential income homes
Year built 2002
Total area 1,844 SF
UPID US03-3061647
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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